2017 Press Releases

BEIJING, Aug. 30, 2017 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates a social networking service and internet finance business in China, today announced its unaudited financial results for the second quarter ended June 30, 2017.
Second Quarter 2017 Highlights
Total net revenues were US$22.3 million, a 55.4% increase from the corresponding period in 2016.
Advertising and Internet Value-Added Services (IVAS) net revenues were US$12.7 millio...

BEIJING, June 21, 2017 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates a social networking service and internet finance business in China, today announced its unaudited financial results for the first quarter ended March 31, 2017.
First Quarter 2017 Highlights
Total net revenues were US$20.9 million, a 94.3% increase from the corresponding period in 2016.
Advertising and IVAS net revenues were US$11.6 million, a 90.2% increase from the co...

BEIJING, China, May 15, 2017 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates a social networking service and internet finance business in China, today announced the filing of its annual report on Form 20-F for the year ended December 31, 2016 with the Securities and Exchange Commission (the "SEC"). The annual report on Form 20-F was filed with the SEC on May 15, 2017.
The annual report on Form 20-F, which contains the Company's audited consolidated finan...

BEIJING, May 15, 2017 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates a social networking service and internet finance business in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2016, and the updates on proposed transactions.
Fourth Quarter 2016 Highlights
Total net revenues were US$20.3 million, a 49.8% increase from the corresponding period in 2015.
Advertising and Intern...

BEIJING, April 6, 2017 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates a social networking service and internet finance business in China, today announced that it sold preferred shares of Social Finance, Inc. ("SoFi") to certain investors on April 4, 2017, in connection with SoFi's most recent round of equity financing. The Company received net proceeds of $91.9 million for these shares. After this transaction, the Company still has 85.9% of its previous hold...

BEIJING, Jan. 6, 2017 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), a leading real-name social networking internet platform in China, today announced that it plans to change the ratio of its American Depositary Shares ("ADSs") to its Class A ordinary shares, par value US$0.001 per share, from the current ratio of one (1) ADS to three (3) Class A ordinary shares to a new ratio of one (1) ADS to fifteen (15) Class A ordinary shares. The Company will file an amendment to its...